The week of July 30 - August 6, 2024
Macroeconomic News
- Ethiopia collects total of over $27B resources following implementation of macroeconomic reform.
- Ethiopia will save $4.9 bln from debt restructuring, state minister says.
- Ethiopia to save $4.9 billion after completing debt restructuring exercise.
- AfDB estimates Ethiopia development finance needs through 2030 at USD 397bln.
- Macroeconomic Reform Crucial for Ethiopia to Benefit from Global Market: PM Abiy.
- PM Abiy Stresses Need to Understand Macro-Economic Reform Holistically Rather than in Isolation.
- Gov’t embarks on implementing sustained macroeconomic policy to achieve continuous growth – MoPD Minister.
- World Bank, IMF financial packages will bolster gov’t economic reform – Finance Minister.
- Macroeconomic Policy Prioritizes Livelihoods of Low-income Citizens, Says Finance Minister.
- Decision Made on FX Management Milestone to Foster Sustained Economic Growth.
- Macro-economic policy reform for comprehensive advancement.
- Essence of macro-economic reform in relieving foreign currency exchange distortions, investment attraction.
- World Bank announces new backing to Ethiopia for its homegrown economic reform undertakings.
- Prime Minister Abiy Announces Massive Salary Hike for Civil Servants Amid Economic Reforms.
- Birr floats, businesses feel the squeeze.
- Businesses Brace for Floating Impacts.
- NGOs struggle as forex rate hike strains resources.
- Market Forces Battle Inflation, Shortages.
- Gov’t fears inflation surge could trigger social upheaval, commits to fuel, electricity price hikes.
- Nexus between tax, revenue and paying national debt back.
- Judicious quest for making public enterprises agile.
- Ethiopia’s recent reforms will boost FDI in the country – Chinese Officials.
- Ethiopia imports cooking oil after currency float.
- Ethiopia signs a €25mln financing agreement with Italy.
- Ethiopia, China Enjoying Commendable Relations in Trade and Investment.
- Ethiopia and Iran Explore Opportunities for Strengthening Investment Cooperation.
Sector News—Industry, Agriculture, Services
- Washington considering Ethiopia’s AGOA reinstatement: US gov’t officials.
- IMF Agrees to $950 Million Exemption for Koysha Hydroelectric Dam and Project Completion.
- Textile manufacturers struggle as illegal “bonda” clothing floods market.
- IPDC unveils initiatives to boost investments in Jimma’s natural resources.
- Reforms made to enhance Chinese investors’ engagement in industrial parks: IPDC.
- PM Abiy Ahmed pledges to boost tea production to match coffee success.
- Adopting coffee as strategic anchor commodity historic milestone: IACO Chair.
- Authorities eye next telecom license sale, sugar estate privatization by 2026.
- Ethiopian Airlines reports record revenue amid challenges.
- Ethiopian Airlines partners with Satarem to produce SAF.
- Ethiopian Airlines announces partnership with UN Transport Security Administration PreCheck® program.
- MInT, JICA ink MoU to build startup space in Ethiopia.
- Ethiopian Currency Regime Overhaul Opens New Frontiers for Fintechs Amid Market Uncertainty.
- We+ Joins Addis Ababa’s Ride-Hailing Market with Retirement Funds for Drivers.
- Exclusive Electric Vehicles Garages Spring Up in Addis Ababa.
- Breakthrough Innovation in Nanosilica to Slash Domestic Tire Production Costs by 50%.
- ESL aims for 23% revenue growth with major expansion plans.
- Medical refurbishment, reengineering center to be constructed in Addis Ababa.
- MoWSA and CFRD join hands to boost lives of low-income rural communities.
Financial News
- CBE sees massive capital injection ahead of exchange rate shocks.
- Mitigating downsides of new forex administration reforms.
- Macroeconomic Reform Ensured Sustainability of Ethiopian Banks: PM.
- Ethiopia’s Abiy Wants Currency to Weaken to Street Market Levels.
- Ethiopias Eurobond Soars on IMF Lifeline.
- Shortage of skilled professionals poses challenge as Ethiopia opens insurance sector to global competition.
- መንግሥት ለንግድ ባንክ ዕዳ መክፈያና ካፒታል ማሳደጊያ 900 ቢሊዮን ብር ዋጋ ያለው ቦንድ ማውጣቱ ታወቀ (Government issued bonds worth 900 billion Birr for commercial bank of Ethiopia’s debt repayment and capital raising).
Policy and Regulatory News
Archive
- THE WEEK OF JULY 23– JULY 30, 2024
- THE WEEK OF JULY 9– JULY 16, 2024
- THE WEEK OF JULY 2 – JULY 9, 2024
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- THE WEEK OF DECEMBER 27, 2022 – JANUARY 3, 2023
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- THE WEEK OF NOVEMBER 28, 2021 – JANUARY 4, 2022
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- THE WEEK OF NOVEMBER 7 – NOVEMBER 14, 2021
- THE WEEK OF NOVEMBER 30 – DECEMBER 7, 2021
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- THE WEEK OF NOVEMBER 9 – NOVEMBER 16, 2021
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- THE WEEK OF OCTOBER 26 – NOVEMBER 2, 2021
- THE WEEK OF October 19 – OCTOBER 26, 2021
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- THE WEEK OF SEPTEMBER 14 – SEPTEMBER 21, 2021
- THE WEEK OF SEPTEMBER 7 – SEPTEMBER 14, 2021
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- THE WEEK OF FEBRUARY 23 – March 2, 2021
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- THE WEEK OF DECEMBER 29, 2020 – JANUARY 5, 2021
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- THE WEEK OF NOVEMBER 3 – NOVEMBER 10, 2020
- THE WEEK OF OCTOBER 27 – NOVEMBER 3, 2020
- THE WEEK OF OCTOBER 20 – OCTOBER 27, 2020
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- THE WEEK OF OCTOBER 6 – OCTOBER 13, 2020
- THE WEEK OF SEPTEMBER 29 – OCTOBER 6, 2020
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- THE WEEK OF SEPTEMBER 15 – SEPTEMBER 22, 2020
- THE WEEK OF SEPTEMBER 8 – SEPTEMBER 15, 2020
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- THE WEEK OF AUGUST 25 – SEPTEMBER 1, 2020
- THE WEEK OF AUGUST 18 – AUGUST 25, 2020
- THE WEEK OF AUGUST 11 – AUGUST 18, 2020
- THE WEEK OF AUGUST 4 – AUGUST 11, 2020
- THE WEEK OF JULY 28 – AUGUST 4, 2020
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- THE WEEK OF JUNE 30 – JULY 14, 2020
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- THE WEEK OF APRIL 28 – MAY 6, 2020
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- THE WEEK OF April 7 – APRIL 14, 2020
- THE WEEK OF MARCH 31 – APRIL 7, 2020
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- THE WEEK OF MARCH 17 – MARCH 24, 2020
- THE WEEK OF MARCH 10 – MARCH 17, 2020
- THE WEEK OF MARCH 3 – MARCH 10, 2020
- THE WEEK OF FEBRUARY 25 – MARCH 3, 2020
- THE WEEK OF FEBRUARY 18 – FEBRUARY 25, 2020
- THE WEEK OF FEBRUARY 11 – FEBRUARY 18, 2020
- THE WEEK OF FEBRUARY 4 – FEBRUARY 11, 2020
- THE WEEK OF JANUARY 28 – FEBRUARY 4, 2020
- THE WEEK OF JANUARY 21 – JANUARY 28, 2020
- THE WEEK OF JANUARY 14 – JANUARY 21, 2020
- THE WEEK OF JANUARY 8 – JANUARY 14, 2020
- THE WEEK OF DECEMBER 31 – JANUARY 8, 2020
- THE WEEK OF DECEMBER 24 – DECEMBER 31, 2019
- THE WEEK OF DECEMBER 17 – DECEMBER 24, 2019
- THE WEEK OF NOVEMBER 10 – DECEMBER 17, 2019
- THE WEEK OF NOVEMBER 3 – DECEMBER 10, 2019
- THE WEEK OF NOVEMBER 26 – DECEMBER 3, 2019
- THE WEEK OF NOVEMBER 19 – NOVEMBER 26, 2019
- THE WEEK OF NOVEMBER 12 – NOVEMBER 19, 2019
- THE WEEK OF NOVEMBER 5 – NOVEMBER 12, 2019
- THE WEEK OF OCTOBER 29 – NOVEMBER 5, 2019
- THE WEEK OF OCTOBER 22 – OCTOBER 29, 2019
- THE WEEK OF OCTOBER 15 – OCTOBER 22, 2019
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- THE WEEK OF SEPTEMBER 3 – SEPTEMBER 10, 2019
- THE WEEK OF AUGUST 27 – SEPTEMBER 3, 2019
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- THE WEEK OF AUGUST 6 – AUGUST 13, 2019
- THE WEEK OF JULY 30 – AUGUST 6, 2019
- THE WEEK OF JULY 23 – JULY 30, 2019
- THE WEEK OF JULY 16 – JULY 23, 2019
- THE WEEK OF JULY 9 – JULY 16, 2019
- THE WEEK OF JULY 2 – JULY 9, 2019
- THE WEEK OF JUNE 25 – JULY 2, 2019
- THE WEEK OF JUNE 18 – JUNE 25, 2019
- THE WEEK OF JUNE 11 – JUNE 18, 2019
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- THE WEEK OF MAY 28 – JUNE 4, 2019
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- THE WEEK OF MARCH 26 – APRIL 2, 2019
- THE WEEK OF MARCH 19 – MARCH 26, 2019
- THE WEEK OF MARCH 12 – MARCH 19, 2019
- THE WEEK OF FEBRUARY 25 – MARCH 2, 2019.